Collections Litigation Manager - Metro Office

Capital City Bank Group•Tallahassee, FL

51d•Onsite

About The Position

Collections -Directs and manages consumer loan, real estate loan, and departmental support personnel. Exercises managerial control over the functions of the department, including implementation of policies, procedures and goal objectives. Develops collection strategies to minimize collection portfolio loss. Evaluates effectiveness through analysis of activity reports. Special Assets - Responsible for managing real property assets obtained through foreclosure (ORE). This includes securing the asset, reconditioning (when needed), maintenance and engaging real estate listing agents. Loan Workouts - Actively manage, to satisfactory resolution troubled, substandard, and impaired loans. This position has direct responsibility for employment decisions. (include if applicable) In compliance with the S.A.F.E. Act, registration in the NMLS Registry is required. (include if applicable) All associates at Capital City Bank, Capital City Wealth, and Capital City Home Loans have access to confidential client information and must practice discretion at all times.

Requirements

Five to seven years' experience in credit or other lending activities.
Strong knowledge of Bank policies and procedures.
Superior analytical, communication and managerial skills.
Excellent ability to define problems, establish facts, and draw valid conclusions.
High degree of personal integrity
Four-year degree in Business, Finance, Accounting, or related field, from an accredited university required. Relevant experience may substitute for the education requirement.

Nice To Haves

Requires strong analytical skills, demonstrable sales, works effectively with internal clients, realtors, and possess organizational abilities.

Responsibilities

Participates in the Bank's development of collection policies and procedures for payment of delinquent accounts, and other default procedures.
Reviews the delinquent loan status for the Bank, where needed, coordinates contacting delinquent account holders through telephone calls, letters and personal visits.
Approves subordinate personnel collection activities regarding workouts of loan payments on delinquent accounts, assisting in procedures when necessary.
Directs status of delinquent accounts determined to be irresolvable, ensuring that all proper documentation is accounted for and all is properly entered.
Works with other departments within the Bank regarding litigation activities.
Meet regularly with support personnel to set goals, reinforce goals, coach, motivate and reward.
Responsible for hiring and staffing of department. Prepares and conducts performance evaluations.
Work with outside legal counsel and staff to facilitate the timely documentation and implementation of workout plans, litigation strategies or, when necessary, recourse to legal remedies.
Diligently apply both analytic and creative skills and business judgment to maximize the value and minimize the risk of each loan.
Manage, monitor, and regularly report to management regarding "classified" commercial and residential loans.
Analyze client loan relationships and proactively recommend appropriate steps to forestall or minimize asset deterioration and, when necessary, to maximize recoveries.
Work with lenders and clients to negotiate commercial loan and residential loan workouts that may include loan modifications, voluntary and involuntary receiverships, marshalling of assets, and asset sales.
Perform financial and legal risk evaluations of credits.
Work with lending associates and clients to better secure collateral and/or assets of the clients.
Aid other lenders and market Presidents with loan modifications questions and concerns.
Review and approve departmental expenditures and process payment through Capital City Bank's AvidAscend program (time sensitive process).
Review and manage the reconcilement certifications and attestations, received monthly from financial accounting, for department (time sensitive process).
Special Assets - When needed, conduct initial site assessment of properties; coordinate securing property; conducts needs assessment and coordinate repairs; marketing and sale; assists in establishing pricing and hiring of realtor; and contract review.
ORE Disposition Strategy - Develop and implement strategies for the timely disposition of ORE properties to minimize financial loss for the Bank.